| Element List | Explanation |
|---|---|
| Introduction | Tam Development Company announces the Board of Directors’ recommendation to distribute cash dividends for the fiscal year ending 31/12/2025 |
| Date of the board’s recommendation | 2026-03-14 Corresponding to 1447-09-25 |
| The Total amount distributed | SAR 2,050,500 |
| Number of Shares Eligible for Dividends | 3,307,256 Shares |
| Dividend per share | SAR 0.62 |
| Percentage of Dividend to the Share Par Value (%) | 6.2 |
| Eligibility date | After the General Assembly approves this recommendation, the right to dividends shall be for the company’s shareholders who own shares at the end of trading on the day of the company’s General Assembly and who are registered in the company’s records with the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the General Assembly, the date of which will be announced later after obtaining the necessary official approvals. |
| Distribution Date | The distribution date will be announced at a later stage. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not applicable |
| Additional Information | This dividend payment is consistent with the Company's policy of distributing 10% of its net profit to shareholders, reflecting its commitment to delivering sustainable returns to its shareholders while maintaining the financial flexibility required to support its growth strategy. The Company kindly requests all shareholders to update their bank details to ensure that the cash dividends due are deposited directly into their accounts. The Company would also like to draw the attention of foreign non-resident investors that cash dividends transferred through a resident financial broker are subject to a withholding tax of 5%, in accordance with the provisions of Article 68 of the Saudi Arabia Income Tax Law and Article 63 of its Implementing Regulations. Non-resident investors who are eligible for tax exemptions on dividends issued by the Zakat, Tax and Customs Authority are kindly requested to contact the Shareholder Relations Department and provide the supporting documents for such exemptions. If any Tam Development Company shareholder has any query relating to this dividend distribution, please contact the Shareholder Relations Department via email: IR@TAM.SA For further insights about TAM development Company’s 2025 performance and the future outlook please refer to the attached earnings release. |